NUMB:
991836
VERS:
ORIGINAL
REF:
961492
XXBY:
THE CHAIR
TITL:
Resolution removing the reversionary clause from a Quit Claim Deed for the property located at 4101 North Port Washington Road, in the 6th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution removes the reversionary clause on a former City-owned, improved, tax deed property.
BODY:
Whereas, The City of Milwaukee conveyed to Glen E. Boehme, an improved, tax deed property located at 4101 North Port Washington Road via a Quit Claim Deed dated April 30, 1997, pursuant to Common Council File No. 961492, adopted on February 11, 1997; and
Whereas, Said deed of conveyance contained a reversionary clause that the property conveyed therein shall be brought into full compliance with all applicable building codes, and ordinances, within one (1) year after the date of closing or said deed is forfeit and the property returns to the City of Milwaukee without any further action; and
Whereas, Removal of the reversionary clause will allow the current owner, Glen E. Boehme, to provide a deed of conveyance for said property without an encumbrance relating to the City of Milwaukee; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the proper City officials are authorized and directed to execute the necessary legal documents to remove the reversionary clause from the Quit Claim Deed dated April 30, 1997, for said property to provide an unencumbered deed of conveyance.
ZDPT:
DFTR:
DCD-Real Estate
MR:jvg
03/21/00/F